July 9th 2017
Why Trust Coin is the most undervalued and untalked about Crypto right now:
The volatility of the cryptocurrency market can drive the uninitiated to a place of uncertainty while they are trying to bolster their portfolio’s. Often times emotion gets the best of us. We try to do too much when the best thing to do is to take a passive approach , especially for the novice investor. Looking what to buy instead of what to sell is often the key to a prosperous portfolio.
When looking for projects to throw money behind it's very easy to follow the herd and go after the new shiny coins everyone is talking about, whether it be the new fancy ICO coming out or the mainstay that’s just pumped and you don't want to miss, or the fear of missing out if you will. That risk often leads to either a loss or possibly worse, gives a new investor a false sense of skill which will more than certainly lead to a loss later on utilizing these same tactics.
The most successful investors are more focused on the properties of a coin or token rather than the rhetoric surrounding it. A coin with a low current market cap, that has a limited and relatively low maximum supply, is not already hyped or over bought and has a real life use purpose are all attributes of the best cryptocurrency investments. While in a bear market like we seem to be currently in, these opportunities seem to be more abundant than in a bull market where even tokens which contribute little to no value increase in price rapidly.
So why We Trust ? We Trust provides investors with massive growth potential. As of July 9th 2017 it has a market cap of just over 18 Million;per Coinmarketcap.com ranking 105th in all crypto’s. Its trading at approximately 20 cents with a circulating supply of around 92,000,000, At it’s peak about a month ago its market cap was more than 45 Million and its price about 45 cents per token. In a market where every single one of your favourite crypto’s is down it may be harder to get excited about a project that has been over the past month seen a steady decline in price when measured up to the USD. However the saavy investor will take this as an opportunity to capitalize on a price point that we may never see again once the market picks back up. Inevitably some coins will do better than others and We Trust will be one of the top gainers in my opinion. The depreciated price is a product of the entire crypto market being down but the reason why We Trust will see large gains in the future is its utility. It capitalizes on a banking system that is failing globally. Credit has skyrocketed everywhere due to all time low interest and lending rates which are most obviously unsustainable. Banks are rapidly losing credibility and We Trust stands to gain immensely as this starts to manifest further in the upcoming financial crisis. It’s innovative decentralized lending system will serve as a hedge against the prehistoric banking system that most use today and will abandon tomorrow. I expect further adoption in the western world as the global economic troubles which have already poked their ugly head in Latin America, where some countries do not even have functional banking systems i.e Venezuela begin to make their presence felt worldwide.
I am comfortable recommending We Trust as a long term hold at the low current price where investors can accumulate throughout this bear market and obtain the benefits as the charts begin to turn green and the cream of the recovering cryptocurrency world rises to the top.